Business · Markets · 1 hr ago

Yandex waives fees after drone attacks disrupt its data centers

Yandex waives fees after drone attacks disrupt its data centers

Drone attacks on Yandex data centers disrupted services in Russia, taking three of the company’s six centers offline in four days.

Yandex, a major Russian technology company, said it would waive some cloud and software fees through October while engineers work to restore services.

Cloud subscribers will not be billed for use from Oct.

8 to 31, while fees will also be waived for personal-plan users of its Yandex 360 suite.

Yandex Pay said it would waive certain late fees and interest linked to the downtime and raise savings-account interest rates to 20% this week.

The company’s cloud, office software and payment services have partly restored operations.

Yandex shares lost 5.4% of their market value over two days, while the Kremlin said it was too early to estimate the financial losses from the attacks.

The company is taking urgent steps to address the damage, and the full financial impact remains unclear.

What people are saying

Yandex B2B TechYandex business technology division
We understand that right now it’s important for you to focus on your own tasks, so we’re taking on the costs of cloud and collaboration tools ourselves.
via The Moscow Times
Dmitry PeskovKremlin spokesman
The company is strong and powerful. Yes, it’s currently facing difficulties and of course this issue is being discussed in the government, but the company is urgently taking measures to deal with the aftermath of this attack.
via The Moscow Times

Sources

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